Category Archives: Inflation
Dollar Debasement Ad Infinitum
If there’s one thing to understand about what’s going on in the political economy today, it is the fundamentals of debt. You do not need to be a bean counter or get too deep into the weeds to get a handle on things. Continue reading
Fed to End Inflation Fight Before Job is Done
Fed rate cuts in the face of a CPI reading that’s above its inflation target won’t immediately boost economic growth. But they may buy a little relief on the Treasury’s net interest on the debt budget item. So, too, they may serve to incite another inflation flareup. Gold, if you hadn’t noticed, is back over $2,400 per ounce. Continue reading
The Fed’s Harrowing Search for Ample Reserves
Inserted between the push and pull of consumer price inflation and interest rates is the direct market intervention of central planners. Decisions made one day can have lasting penalties upon the next. Yesterday’s monetary policy blunders by the Federal Reserve bring forth adverse conditions today. Continue reading
What You Must Know About Interest Rates
The buzz has faded away. The intoxicating effects of the mass money printing and debt binge during the coronavirus years has come and gone. But the hangover remains. And while the money printing has subsided – for now – the debt binge has continued. Continue reading
